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Gokaldas Exports cashes on Chinese textiles embargo to US
01 Jun '06
1 min read
Gokaldas Exports shares touched Rs624 mark representing a leap of 3.02 percent or Rs18.30 on Wednesday.
Sources explained that the company's improved performance was a result of 20 percent deficit in Chinese textile quotas to the US and the EU.
However, on National Stock Exchange (NSE) the stock fell by Rs10.70 to Rs600 representing a 1.75 percent fall.
Bangalore-based Gokaldas Exports, is leading apparel exporter, that has been rewarded the 'preferred vendor' status by international giants including Nike, GAP, Old Navy, Tom Tailor, and Lebek.
Sources explained that the company's improved performance was a result of 20 percent deficit in Chinese textile quotas to the US and the EU.
However, on National Stock Exchange (NSE) the stock fell by Rs10.70 to Rs600 representing a 1.75 percent fall.
Bangalore-based Gokaldas Exports, is leading apparel exporter, that has been rewarded the 'preferred vendor' status by international giants including Nike, GAP, Old Navy, Tom Tailor, and Lebek.
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